Malaysia’s Wholesale, Retail Trade Sales Rise To RM170.5 Bln In July 2026

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia’s wholesale and retail trade recorded sales of RM170.5 billion in July 2026, a nine per cent increase year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM).

Coventry Urges Policyowners To Review Life Insurance Value 

KUALA LUMPUR, Sept 11 (Bernama) -- Coventry, a provider of life insurance secondary-market solutions, is urging policyowners and financial professionals to review the value of existing life insurance policies and consider alternatives before allowing coverage to lapse or surrendering it.

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Malaysia Well Positioned To Seize ASEAN’s Second-wave AI Compute Advantage -- Economist

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is well positioned to seize a first-mover advantage in ASEAN’s second wave of hyperscale and artificial intelligence (AI) computing infrastructure, driven by its competitive costs, strong connectivity and established semiconductor ecosystem.

Investment Banks Remain Positive On Plantation Counters Amid Higher Crude Oil Prices

KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.

National Audit Dept Opens Counters To Assist Companies Complete 2026 e-SelfAudit

KUALA LUMPUR, Sept 11 (Bernama) -- The National Audit Department (NAD) will open helpdesk counters at its headquarters and state offices to assist government-owned companies in completing the 2026 e-SelfAudit System assessment.

Ringgit Opens Slightly Lower Against Greenback On Stronger US Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback.

Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce

KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.

Malaysia-India Investment Ties Gain Momentum With Manufacturing, Green Energy Opportunities

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Malaysia and India’s investment ties continue to gain momentum, with Malaysia having approved 293 manufacturing projects with Indian participation worth US$2.95 billion (RM10.16 billion) as of June 2026, Malaysia’s Chargé d'Affaires, Deputy High Commissioner, Sharifah Ezneeda Wafa, said.

Paragon Globe Secures RM45.16 Mln Data Centre Contract In Johor

KUALA LUMPUR, Sept 10 (Bernama) -- Paragon Globe Bhd's (PGB) wholly-owned subsidiary, PGBG Construction Sdn Bhd, has accepted a letter of award (LoA) worth RM45.16 million to provide earthworks and retaining walls for a data centre development in Johor.

Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo

KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.

Bermaz Auto 1Q Net Profit Rises To RM40.51 Mln

KUALA LUMPUR, Sept 10 (Bernama) -- Bermaz Auto Bhd's net profit increased to RM40.51 million in the first quarter ended July 31, 2026, from RM8.27 million in the same quarter last year, supported by higher domestic sales volume for its Mazda models.